Companies own a quarter of Fort Worth’s single-family homes, city says

  • 📰 wfaa
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Housing experts say that as more potential buyers come off the sidelines, it will put added pressure on a historically low inventory.

About 75% of single-family homes are owner-occupied. It’s unclear how many commercially owned properties are long or short-term rentals.It's a seller's market for homes in Dallas-Fort Worth, but there are challenges for both buyers and sellers when the market is this hot.for residential growth in DFW. According to a new report, about 26% of single-family residential properties there are owned by companies.

A single-family home was considered commercial or investor-owned by the city if the property does not have a homestead exemption and the owner’s name indicates commercial ownership such as LLC, LTD, INC and Trust.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 543. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines